27 35TH ST W MINNEAPOLIS MN 55408

PID: 0302824310192

Property Overview

Parcel ID0302824310192

Lot Size4,378 sq ft (0.100 ac)

Lot Dimensions (est.)38 ft wide × 115 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerM W WISTI & N P LABINER

Assessed Value$265,700

Land Value$91,000

Building Value$174,700

Annual Tax$3,796

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,194/mo

Renter-occupied53.6%

Median home value$326K

Vacancy rate10.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1093

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width28 ft

Buildable depth75 ft

Area~2,106 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,106 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
31 35TH ST W MINNEAPOLIS MN 55408	ANDREW TANGEL/BENJAMIN TOFF	RESIDENTIAL	$383,500	36 ft
25 35TH ST W MINNEAPOLIS MN 55408	DANIEL THOMAS BETTINO	RESIDENTIAL	$269,700	38 ft
21 35TH ST W MINNEAPOLIS MN 55408	LUKE MAGNUSON ET AL	RESIDENTIAL	$272,000	76 ft
3513 BLAISDELL AVE MINNEAPOLIS MN 55408	D TRAJANO & P O'TOOLE	RESIDENTIAL	$337,600	87 ft
19 35TH ST W MINNEAPOLIS MN 55408	BRADY LINDHOLM	RESIDENTIAL	$301,300	114 ft
3517 BLAISDELL AVE MINNEAPOLIS MN 55408	AGNES ANN HART	RESIDENTIAL	$316,600	124 ft
101 35TH ST W MINNEAPOLIS MN 55408	M T CHURCHWELL & E L GLADE	RESIDENTIAL	$552,000	154 ft
3455 BLAISDELL AVE MINNEAPOLIS MN 55408	RJC BUILDING LLC	APARTMENT	$1,273,000	156 ft
3521 BLAISDELL AVE MINNEAPOLIS MN 55408	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	163 ft
11 35TH ST W MINNEAPOLIS MN 55408	FOOTHOLD HOLDINGS LLC	APARTMENT	$549,000	171 ft

Property History

Most Recent Sale

Date199902

Price$123,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,796